Scoda Tubes (NSE:SCODATUBES) 1-Year Sharpe Ratio: -0.56 (As of Aug. 18, 2026)

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NSE:SCODATUBES Scoda Tubes Ltd NSE:SCODATUBES
18 GF Score
Price ₹129.68
! 3 Warning Signs
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What is Scoda Tubes 1-Year Sharpe Ratio?

Scoda Tubes NSE:SCODATUBES -2.66% 18 1-Year Sharpe Ratio is -0.56 as of Aug. 18, 2026. GuruFocus rates NSE:SCODATUBES with a GF Score™ of 18/100. The stock has 3 warning signs investors should review.

The 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk over the past year. As of today (2026-08-18), Scoda Tubes's 1-Year Sharpe Ratio is -0.56.

Scoda Tubes  (NSE:SCODATUBES) 1-Year Sharpe Ratio Explanation

The 1-Year Sharpe Ratio inidicates the risk-adjusted return of an investment over the past year. It is calculated as the annualized result of the average monthly excess return divided by its standard deviation over the past year. The monthly excess return is the monthly investment return minus the monthly risk-free rate (typically the 10-year Treasury Constant Maturity Rate). If the risk-free rate for a specific region is not available, U.S. data is used by default.

The greater a portfolio's Sharpe Ratio, the better its risk-adjusted performance. A negative Sharpe Ratio means the risk-free rate is greater than the portfolio’s historical or projected return, or else the portfolio's return is expected to be negative.

Scoda Tubes 1-Year Sharpe Ratio Related Terms

NSE:SCODATUBES vs NUE, STLD, RS: 1-Year Sharpe Ratio Comparison

For the Steel subindustry, Scoda Tubes's 1-Year Sharpe Ratio, along with its competitors' market caps and 1-Year Sharpe Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Scoda Tubes 1-Year Sharpe Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Scoda Tubes's 1-Year Sharpe Ratio distribution charts can be found below:

* The bar in red indicates where Scoda Tubes's 1-Year Sharpe Ratio falls into.


NSE:SCODATUBES
18GF Score
Scoda Tubes Ltd NSE:SCODATUBES
1-Year Sharpe Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Scoda Tubes 1-Year Sharpe Ratio Calculation

The 1-Year Sharpe Ratio measures the performance of an investment such as a stock or portfolio compared to a risk-free asset. A stock / portfolio's 1-Year Sharpe Ratio can be calculated by dividing the difference between the one-year returns of the investment and the risk-free rate, by the standard deviation of the investment returns over one year.

Frequently Asked Questions Learn more about 1-Year Sharpe Ratio →
What does a 1-Year Sharpe Ratio of -0.56 mean?
Scoda Tubes (NSE:SCODATUBES) has a 1-Year Sharpe Ratio of -0.56 as of Aug. 18, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Scoda Tubes and its competitors.
Is Scoda Tubes' 1-Year Sharpe Ratio too high?
Scoda Tubes' current 1-Year Sharpe Ratio is -0.56. Overall, Scoda Tubes has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Scoda Tubes' 1-Year Sharpe Ratio compare to NUE and STLD?
Scoda Tubes' 1-Year Sharpe Ratio of -0.56 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 1-Year Sharpe Ratio for a Steel company?
A good 1-Year Sharpe Ratio depends on the Steel industry context. However, 1-Year Sharpe Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 1-Year Sharpe Ratio mean?
A high 1-Year Sharpe Ratio can signal that a stock is expensive relative to its fundamentals. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Scoda Tubes and its competitors. Scoda Tubes's current 1-Year Sharpe Ratio is -0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scoda Tubes stock overvalued right now?
Scoda Tubes (NSE:SCODATUBES) has a current 1-Year Sharpe Ratio of -0.56. The current 1-Year Sharpe Ratio is -0.56. Scoda Tubes' overall GF Score™ is 18/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year Sharpe Ratio calculated?
1-Year Sharpe Ratio is calculated from a company's financial statements. For Scoda Tubes (NSE:SCODATUBES), the current 1-Year Sharpe Ratio is -0.56 as of Aug. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Scoda Tubes Business Description

Other Exchanges 544411:India
Address Mehsana highway, Survey No. 2442, 2443, 2446, Rajpur, Mehsana, Ahmedabad, GJ, IND, 382715
Scoda Tubes Ltd is a manufacturer of stainless-steel tubes and pipes. The company's product includes Stainless Steel Seamless Pipes, Stainless Steel Seamless Tube, Stainless Steel Instrumentation Tubes, Stainless Steel Welded Pipes, Stainless Steel Welded Tubes, and Stainless Steel Welded 'U' Tubes. Geographically, the company generates the majority of its revenue within India.
18GF Score

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1-Year Sharpe Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹129.68
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